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20110711
20110711
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-aid. >> when it comes to the deficit president obama says we have to think big. >> now is the time to deal with these issues. if not now, when? >> he doesn't want a temporary deal to raise the debt limit, he wants big deal. democrats say house speaker agreed to put them on the table will letting the tax cuts expire. >> unfortunately over the weekend speaker boehner says i can't deliver. i can't produce on my side. >> the sticking pointed. republicans were note on board for raising revenue. >> we're not going to raise taxes in the middle of this horrible economic situation. >> what is recently appalling is our republican colleagues do extortion. >> the deal so law can written before august 2nd. that is when the government is slated to run out of money mark go the first time that the u.s. government has ever defaulted on their debt. credit agencies will downgrade the u.s. credit rating. >> social security checks and military paychecks and stock market tanks and all that stifles the economy and leads to massive layoffs. >>> sis could confirms they will be laying off employees next month. they
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